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Residential Income - 1235 Devon, Los Angeles, CA

$1,675,000

1235 Devon, Los Angeles, CA

MLS# SB26227684

1235 Devon, Los Angeles, CA 90024 - $1,675,000 · Multi-Family Home for Sale, photo 1 1235 Devon, Los Angeles, CA 90024 - $1,675,000 · Multi-Family Home for Sale, photo 2 1235 Devon, Los Angeles, CA 90024 - $1,675,000 · Multi-Family Home for Sale, photo 3 1235 Devon, Los Angeles, CA 90024 - $1,675,000 · Multi-Family Home for Sale, photo 4 1235 Devon, Los Angeles, CA 90024 - $1,675,000 · Multi-Family Home for Sale, photo 5
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Description

Positioned in the heart of Westwood, 1235 Devon Ave presents a rare opportunity to acquire a premier Westside asset with immediate cash flow and substantial value-add potential. The property consists of three spacious units totaling 3,195 SF, with an attractive unit mix of two 2-bedroom units and one 1-bedroom unit. The real story here is the ADU upside. Ownership has identified the potential to add three additional units consisting of two 1+1 ADUs and one 2+2 ADU (buyer to verify), creating a unique opportunity to significantly increase rental income and overall property value in one of the most desirable rental markets in Los Angeles. Just minutes from UCLA, this property is also an ideal opportunity for parents with a son or daughter attending the university. Why pay rent when you can own a cash-flowing Westwood triplex, provide housing for your student, and benefit from one of the strongest rental markets in Southern California? Located near UCLA, Century City, Beverly Hills, and Westwood Village, the property benefits from exceptional tenant demand and long-term appreciation potential. Whether you're looking for stable income today or a value-add opportunity with substantial upside through future ADU development, 1235 Devon Ave offers both. Opportunities to acquire a corner-lot Westwood property with this combination of location, income, and ADU potential are exceptionally rare.

Property details

Year built
1947
Property type
Residential Income
Lot size
5,160 sqft

Location

1235 Devon • Los Angeles, CA 90024

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Listing Agent

Cameron Samimi

DRE #: 02035763

Brokerage: Lyon Stahl Investment Real Estate, Inc.

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CRMLS

MLS# SB26227684

Listed: 10/20/2026 5:30 PM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/21/2026 9:28 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Lyon Stahl Investment Real Estate, Inc.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715